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Business Development Representative
Career Insights for Business Development Specialist
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Scorecard
Based on Maryland data
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What they do
A Business Development Specialist identifies new business opportunities and clients for a company, identifies new products, services and lines of business, and develops marketing and sales strategies to help grow a company's business. Collects and manages data on sales and business processes, does market research, and stays informed of industry trends and dynamics. Builds customer relationships and partnerships. Reports to a Business Development Manager or Director.
$72,118 / year median in Maryland
+5% projected growth
Job Description
Key ResponsibilitiesIdentify and research prospective clients and new business opportunitiesConduct outbound prospecting through phone calls, email, LinkedIn, networking, and other channelsGenerate qualified leads and schedule meetings with prospective clientsDevelop and maintain relationships with key decision makers and business leadersUnderstand prospect needs, business challenges, and goals and communicate how the company can provide solutionsManage and maintain an accurate pipeline of prospective businessFollow up consistently with prospects throughout the sales development processQualify inbound and outbound leads based on established criteriaCollaborate with sales and leadership teams to develop strategies for converting prospects into clientsMaintain accurate and timely activity, prospect, and pipeline information within the CRMMeet or exceed established activity, lead generation, appointment setting, and revenue goalsAttend networking events, industry events, and other business development activities as neededContinuously develop knowledge of the company's services, solutions, and value proposition